Citigroup Exits Developing Markets By Spinning Off Consumer Businesses
![TheMerkle_Citigroup Spin off](https://themerkle.com/wp-content/uploads-new/2016/10/shutterstock_291472427-300x200.jpg)
For banks and other financial institutions to remain profitable during these challenging economic times, they have to cut their losses at every possible turn. For Citigroup, that means selling …